718 Northfield RoadNorthfieldCT06778
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Northfield at 718 Northfield Road, Northfield, CT, 06778 at $495,900 posts ROI 12.83% with from $2,400/mo rent. Total monthly income equals $2,400/mo. Return on cash invested measures 12.83% and rental yield reads 5.81% at the current $495,900. Equity gained on principal adds $3,200/yr, and 5% annual appreciation supports $137,008 by year five. Five-year ROI prints 65.69% and total cumulative return in cash totals $107,993. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06778, Northfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 419 (85.2%) |
| Renter Occupied HU | 52 (10.6%) |
| Vacant Housing Units | 21 ( 4.3%) |
| Median Home Value | $364,094 |
| Average Home Value | $507,285 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
6
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Nearby investment properties with comparable prices
Listed by: Lauren Hill • Mark Tavares Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24126045
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.